HDFC disburses Rs 2,300 crore as subsidy under PMAY

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The HDFC scheme has provided loans of over Rs 9,800 crore under ) HDFC Ltd has become the first financial institution in the country to disburse subsidy to over 51,000 customers amounting to over Rs 1,100 crore under the Credit-Linked Subsidy Scheme (CLSS), the flagship scheme of Government’s Pradhan Mantri Awas Yojana (PMAY).

Mortgage lender, HDFC has disbursed subsidy of more than Rs. 2,300 crore under PMAY credit linked subsidy scheme. The lender has approved Rs. 22,136 crore of home loans under credit linked subsidy scheme (CLSS) to homebuyers belonging to the economically weaker sections (EWS), low-income groups (LIG) and middle-income groups (MIG).

HDFC Ltd said on Wednesday it has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1.04 lakh families under the Pradhan Mantri Awas Yojana (PMAY) credit linked subsidy scheme.

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Mumbai: HDFC has disbursed subsidy amounting to over Rs 2,300 crore to over 1 lakh families under the Pradhan Mantri Awas yojana (pmay) credit-linked subsidy scheme (CLSS). The company had cleared.

 · Mumbai : HDFC Ltd, India’s premier housing finance company has disbursed subsidy amounting to over 2,300 crore benefitting over 1,04,000 families under the government’s flagship housing scheme pradhan Mantri Awas Yojana (PMAY) Credit Linked Subsidy Scheme (CLSS).

HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY HDFC has provided loans of over Rs 9,800 crore under PMAY-Credit Linked Subsidy Scheme (CLSS), to these customers belonging to EWS, LIG and MIG category, the housing finance firm said in a statement.

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Renu Karnad, MD at HDFC, talks about the Pradhan Mantri Awas Yojana which offers subsidy for 1,04,000 first time home buyers and describes it as a fantastic scheme. HDFC disbursed subsidy of over Rs 2300 crore as part of the flagship housing scheme.

 · Housing finance firm HDFC said Sunday it has disbursed over Rs 1,100 crore subsidy to over 51,000 customers under the government’s flagship scheme Pradhan Mantri Awas Yojana (PMAY).